BRIEF: Top Education’s interim profit jumps 50%
Australian educator Top Education Group Ltd. (1752.HK) on Wednesday reported its revenue rose 16.5% to A$16 million ($10 million) in the six months to December last year, the first half…
BRIEF: China New Higher Education’s profit rises, but margins under pressure
Vocational educator China New Higher Education Group Co. Ltd. (2001.HK) on Thursday announced its revenue rose 12.2% to 2.84 billion yuan ($392 million) in its latest fiscal year through August,…
BRIEF: New Oriental Education’s profit surges
New Oriental Education & Technology Group Inc. (EDU.US; 9901.US) reported Wednesday that its revenue rose 30.5% to $1.44 billion in its fiscal first quarter through August, while its net profit increased 48.4%…
BRIEF: China East Education announces school upgrade
Vocational educator China East Education Holdings Ltd. (0667.HK) said on Monday its wholly owned Wontone Senior Technical School was officially upgraded by the Anhui provincial government to Anhui Wontone Technician College. The upgrade makes…
NEWS WRAP: iHuman sales and profit decline despite user growth
The maker of education products for children said its revenue fell 11% in the third quarter, while its profit plunged 41% By Teri Yu Children’s educational products and services provider…
FAST NEWS: Readboy loss widens as cost of sales jumps
The Latest: Smart learning device maker Readboy Education Holding Co. Ltd. (2385.HK) reported Tuesday its non-GAAP adjusted loss in the first half of this year doubled to 34.22 million yuan ($4.8 million) from 17.7 million yuan a year earlier. Looking Up:…
NEWS BRIEF: YXT.com shares sink in Nasdaq trading debut
Shares of YXT.com Group Holding Ltd. (YXT.US) sank 8.9% in their U.S. trading debut on Friday after pricing at the bottom of their range. The provider of corporate education services…